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Verizon Built on 5G Challenge Winners Announced

5g News - Published on Thu, 30 Jan 2020

Image Source: Verizon Built on 5G Challenge
Verizon has named the winners of its “Built on 5G Challenge” launched in April 2019. The nationwide search that asked innovators to offer up their best and brightest 5G ideas received more than 550 submissions. Three winners were chosen.

First Place: The $1 million winner is Ario. The company has developed an augmented reality (AR) productivity platform to increase workplace safety and efficiency. Ario will use Verizon 5G Ultra Wideband to improve the platform’s performance with advanced connectivity and improved image recognition.

Second place: The $500,000 prize winner is GAROU. The company’s virtual reality (VR) content platform leverages a 3D model of the world as an interface for accessing content and for in-VR social interaction. The company will use Verizon 5G to improve VR technology in a multi-user setting and help users access content in real time.

Third place: The $250,000 prize winner is LexSet. The company generates synthetic image data from 3D content to train high-performance computer vision AI. The company will use Verizon 5G to enable advances in edge-based mixed reality, robotics, and inventory management.

Challenge winners’ concepts were judged on criteria including how their ideas could increase business efficiency, improve immersive experiences and/or solve customers’ most challenging problems. For an eight-week period, the winners will have access to Verizon 5G Ultra Wideband at Verizon’s 5G Labs and partner with Verizon 5G specialists to develop their concepts.

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Posted By : TelecomGuru on Thu, 30 Jan 2020
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